Nashua acquires The Label Company
Nashua Corporation a premier manufacturer and marketer of labels, thermal specialty papers and imaging products, has acquired the assets of The Label Company from Bunzl Distribution and signed a multi-year agreement to supply Bunzl with label products.
The Label Company, located in St. Louis, MO, has primarily been a supplier of supermarket, promotional and product identification labels for Bunzl. Financial terms of the cash transaction were not announced.
‘This is an excellent addition to our current Label Products business which adds flexibility to our label manufacturing operations and enhances our relationship with Bunzl, a valued and long-standing customer,’ said Andrew Albert, Nashua’s Chairman and Chief Executive Officer. ‘The acquisition also provides additional volume to the Company’s coating facility and is expected to positively impact our overall business performance.’
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